Category: Investor’s Corner

McEwen Mining Upsizes Flow-Through Financing

McEwen Mining Inc. is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement from 6,136,000 common shares (CDN$10,001,680) to 7,056,400 common shares (CDN $11,501,932) of the Corporation issued on a flow-through basis at a price per share of CDN $1.63, with an option to increase the Offering from 920,400 FT Shares (CDN$1,500,252) to 1,058,460 FT Shares (CDN$1,725,290) exercisable at any time up to two business days prior to the closing of the Offering by way of a non-brokered private placement.

Alamos Gold Announces Renewal of Normal Course Issuer Bid

Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange, for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 35,145,504 Class A Common Shares, representing 10% of the Company’s public float of the Common Shares as of December 14, 2020, being 351,455,040 Common Shares.

Tamino Minerals Inc. Engages Executive Industries

Tamino Minerals, Inc. is pleased to announce the engagement of Executive Industries to facilitate the removal of the stop sign on OTC Markets from the company’s current information. Executive Industries, a division of Here To Serve Holding Corp. is going to immediately begin the task of doing the accounting for Tamino Minerals Inc. for the last two years to qualify Tamino for Pink Sheet “current” status.

GoGold Reports Net Income of $43.1M US for Year Ending September 30, 2020

“Parral had a record production year and a record quarter which generated $6.5 million US of cash flow, paying for all of our exploration and general and administrative costs. We have one of the largest drilling programs in Mexico and we are currently self funding from operations at Parral.”

Carlyle Acquires Isaac Mining Corp., the Newton Gold Project and over $2,000,000 in Cash

Morgan Good, Chief Executive Officer of Carlyle, commented, “Carlyle and its team are excited to have closed on this amalgamation with Isaac Mining and the acquisition of a 100% undivided interest in The Newton Gold Project, which is on trend with Artemis Gold’s permitted open-pit Blackwater gold deposit in B.C., and we feel past exploration at Newton has merely scratched the surface of its true potential. Also, Isaac was successful in closing more than $2M in funding sufficiently capitalizing the treasury while eliminating financing risk and positioning the Company for success as it heads into the new year.”

Great Panther Restarts Operations at Topia

Great Panther Mining Limited has re-started operations at Topia following a voluntary suspension last month to prioritize the health of its workforce and local community and limit the spread of COVID-19.

Defiance Acquires Option To Purchase Royalty At Tepal Gold And Copper Project

Chris Wright, Executive Chairman & CEO, commented: ““We are pleased to conclude this transaction with Minera Tepal and want to thank them for their continued support in developing the Tepal Au-Cu deposit. Acquiring an option to repurchase the NSR royalty enhances the project economics at Tepal and will enable Defiance to preserve flexibility for financing future development of the project.”

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